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Boyd Gaming (BYD)
NYSE:BYD
Boyd Gaming (BYD) Stock Price & Analysis
1,261 Followers
BYD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.14 - $72.43
Previous Close$53.25
Volume1.44M
Average Volume (3M)928.51K
Market Cap
$5.05B
Enterprise Value$8.37B
Total Cash (Recent Filing)$304.27M
Total Debt (Recent Filing)$3.63B
Price to Earnings (P/E)9.6
Beta1.09
Next Earnings
Jul 23, 2024EPS Estimate
$1.49Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.22%
Share Statistics
EPS (TTM)5.56
Shares Outstanding94,877,204
10 Day Avg. Volume1,841,028
30 Day Avg. Volume928,507
Standard Deviation0.13
R-Squared0.49
Alpha0.00222
Financial Highlights & Ratios
Price to Book (P/B)-8.66
Price to Sales (P/S)1.35
Price to Cash Flow (P/CF)5.90
P/FCF Ratio8.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.63
Enterprise Value/Gross Profit3.06
Enterprise Value/Ebitda7.10
Forecast
1Y Price Target
$72.78Price Target Upside34.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Boyd Gaming News
Bulls Say, Bears Say
Bulls Say
Company GrowthBoyd Gaming exhibits a favorable risk/reward ratio, with potential for significant upside compared to limited downside.
Financial PerformanceCurrent valuation remains attractive with an EV/EBITDAR of approximately 7x and a forecasted free cash flow yield near 10%.
Investment OpportunityThe company's valuation is supportive, with an attractive free cash flow yield and an underappreciated stake in FanDuel.
Bears Say
Earnings PerformanceBYD reported underwhelming 1Q24 results with Adj. EBITDAR missing Street/our estimates.
Market TrendsHigher airfare impacting the Hawaiian customer was a headwind, indicating a slowing underlying trend in the downtown market.
Stock DowngradeAfter a second challenged quarterly report and a multi-year run of outperformance, Boyd Gaming has been downgraded to Hold from Buy.
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Ownership Overview
29.87% Insiders
28.96% Mutual Funds
20.74% Other Institutional Investors
20.44% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Boyd Gaming
Desktop Users
Mobile Users
BYD FAQ
What was Boyd Gaming’s price range in the past 12 months?
Boyd Gaming lowest stock price was $52.14 and its highest was $72.43 in the past 12 months.
What is Boyd Gaming’s market cap?
Currently, no data Available
When is Boyd Gaming’s upcoming earnings report date?
Boyd Gaming’s upcoming earnings report date is Jul 23, 2024 which is in 74 days.
How were Boyd Gaming’s earnings last quarter?
Boyd Gaming released its earnings results on Apr 25, 2024. The company reported $1.51 earnings per share for the quarter, missing the consensus estimate of $1.581 by -$0.071.
Is Boyd Gaming overvalued?
According to Wall Street analysts Boyd Gaming’s price is currently Undervalued.
Does Boyd Gaming pay dividends?
Boyd Gaming pays a Quarterly dividend of $0.17 which represents an annual dividend yield of 1.22%. See more information on Boyd Gaming dividends here
What is Boyd Gaming’s EPS estimate?
Boyd Gaming’s EPS estimate is $1.49.
How many shares outstanding does Boyd Gaming have?
Boyd Gaming has 94,877,205 shares outstanding.
What happened to Boyd Gaming’s price movement after its last earnings report?
Boyd Gaming reported an EPS of $1.51 in its last earnings report, missing expectations of $1.581. Following the earnings report the stock price went down -15.44%.
Which hedge fund is a major shareholder of Boyd Gaming?
Among the largest hedge funds holding Boyd Gaming’s share is Ariel Investments LLC. It holds Boyd Gaming’s shares valued at 192M.
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Boyd Gaming Stock Smart Score
Underperform
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Analyst Consensus
Moderate Buy
Average Price Target:
$72.78 (34.48% Upside)
$72.78 (34.48% Upside)
Blogger Sentiment
Bullish
BYD Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 347.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $68.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 3.9%
Last 30 Days ▼ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.45%
12-Months-Change
Fundamentals
Return on Equity
32.60%
Trailing 12-Months
Asset Growth
-1.53%
Trailing 12-Months
Company Description
Boyd Gaming
Boyd Gaming Corp. engages in the management and operation of gaming and entertainment properties. It operates through the following segments: Las Vegas Locals, Downtown Las Vegas; and Midwest and South. The Las Vegas Locals segment consists of casinons that serve the resident population of the Las Vegas metropolitan area. The Downtown Las Vegas segment comprises of the following casinos: California Hotel and Casino, Fremont Hotel and Casino, and Main Street Station Casino, Brewery and Hotel. The Midwest &and South segment operates land-based casinos, dockside riverboat casinos, racinos, and barge-based casinos in the Midwest and southern United States. Its portfolio includes hotels, casino, breweries, resorts, and spa. The company was founded by William Samuel Boyd and Sam Boyd on January 1, 1975 and is headquartered in Las Vegas, NV.
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BYD Earnings Call
Q1 2024
0:00 / 0:00
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BYD Stock 12 Month Forecast
Average Price Target
$72.78
▲(34.48% Upside)
Technical Analysis
Best Analysts Covering BYD
1 Year
1 Year Success Rate
8/22 ratings generated profit
1 Year Average Return
+8.74%
reiterated a buy rating 14 days ago
Copying Barry Jonas's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of +8.74% per trade.
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